As of March 31, 2023
Portfolio Snapshot | |
---|---|
Total Investment1 | $1.4B |
Number of Investments1 | 61 |
Number of Properties1 | 455 |
Geographical Location | 32 U.S. States & the United Kingdom |
Proceeds Raised | $2.0B |
Investment Type | Number of Investments1 | Number of Properties1 | Amount1 |
---|---|---|---|
Equity | Direct Investments | 56 | 56 | $ 1.2B |
Equity | Unconsolidated Investments | 52 | 399 | $171.5MM |
Investment Type: Equity | Direct Investments
Number of Investments: 56
Number of Properties: 56
Amount $ 1.2B
Investment Type: Equity | Unconsolidated Investments
Number of Investments: 52
Number of Properties: 399
Amount $171.5MM
Facility Type
Geographic Location
Investment | # of Properties1 | Date | Facility Type3 | Location | Amount1 | |
---|---|---|---|---|---|---|
Equity | Direct Investments | Winterfell | 32 | May 2015/ Mar 2016 | ILF | 12 States | $715.7MM |
Rochester4 | 10 | Aug 2017 | ILF ALF | Rochester, NY | $186.6MM | |
Arbors | 4 | Sep 2014 | ALF | Long Island, NY | $103.9MM | |
Avamere | 5 | Feb 2017 | ILF ALF | Oregon & Washington | $93.6MM | |
Aqua4 | 4 | Various | ILF ALF | Texas & Ohio | $82.9MM | |
Oak Cottage | 1 | Feb 2017 | MCF | Santa Barbara, CA | $18.6MM |
Investment | Joint Venture Partner(s) | # of Properties1 | Date | Facility Type 3 | Location | Ownership | Amount1 | |
---|---|---|---|---|---|---|---|---|
Equity | Unconsolidated Investments | Diversified US/UK | NRF HoldCo, LLC & Partner | 234 | Dec 2014 | SNF, ALF, CCRC MOB hospitals | 27 States & 48 Properties in UK | 14.3% | $26.8MM |
Trilogy5 | American Healthcare REIT, Inc. | 98 | Dec 2015 | SNF, ALF, ILF MCF CCRC | 4 States | 23.2% | $126.2MM | |
Eclipse | Formation Capital, NRF HoldCo,LLC & Partner | 34 | May 2014 | ALF, SNF | 9 States | 5.6% | $0.0MM | |
Espresso | Formation Capital & Safanad | 33 | Jul 2015 | SNF, ALF | Ohio & Michigan | 36.7% | $18.1MM |
ALF: Assisted Living | CCRC: Continuing Care Retirement Communities | ILF: Independent Living | MCF: Memory Care | MOB: Medical Office Building | SNF: Skilled Nursing
NorthStar Healthcare owns the properties pictured. 1) For direct investments, amount represents operating real estate, before accumulated depreciation as presented in our consolidated financial statements as of March 31, 2023. For unconsolidated investments, amount represents the carrying value of our investments in unconsolidated ventures as presented in our consolidated financial statements as of March 31, 2023. 2) Includes investment in Solstice Senior Living, LLC, or Solstice. 3) Classification based on predominant type of services provided at each property, but may include other services. 4) Owned jointly by NorthStar Healthcare and Freshwater for 97% and 3% interests, respectively. 5) Includes institutional pharmacy, therapy businesses and lease purchase buy-out options, which are not subject to property count.